Church & Dwight price target raised to $114 from $112 at RBC Capital

RBC Capital raised the firm’s price target on Church & Dwight to $114 from $112 and keeps an Outperform rating on the shares. The company reported an impressive print, displaying robust volume-driven organic sales growth and strong underlying growth, the analyst tells investors in a research note. Cost pressures have been a concern across the space, but Church & Dwight is ramping productivity to offset incremental headwinds and does not intend to raise prices given the state of the consumer, the firm added.